...Sweet Sensations Bakery Business Plan By Linda McKinney October 17, 2014 Contents 1. Executive Summary…………………………………………………………………….4 1.1 Objectives……………………………………………………………………………...4 1.2 Mission………………………………………………………………………………...4 1.3 Keys to Success………………………………………………………………………..5 2. Company Summary……………………………………………………….……….……5 2.1 Company Ownership……………………………………………………..………........6 2.2 Company History……………………………………………………………………...6 3. Products…………………………………………………………………….……..…….9 4. Market Analysis Summary………………………….....………………………………..9 4.1 Market Segmentation………………………………………………………...………..10 4.2 Target Market Segment Strategy………………………………………………………11 4.3 Industry Analysis…………………………………………………...………...………..13 4.3.1 Competition and buying patterns……………………………………………….……15 5. Web Plan Summary………………………………………………………...…………...16 5.1 Website Marketing Strategy……………………………....…………………………..16 5.2 Development Requirements…………………………..……………………………….16 6. Strategy and Impementation Summary………………………………………………....17 6.1 SWOT Analysis……………………………………………………………………….17 6.2 Competitve Edge…………………………………………………………..…………18 6.3 Marketing Strategy………………………………………………………………….18 6.4 Sales Strategy……………………………………………………………………….19 7. Management Summary…………………………………………………………….…20 7.1 Personal Plan………………………………………………….……………………..20 8. Financial Plan…………………………………………………………..……………..21 8.1 Important Assumptions…………………………….………………………………..22 8.2 Break Even Analysis………………………………………………………...
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...MINI PROJECT REPORT BUSINESS PLAN OF BAKERY M INDEX 1.Introduction 1.1Executive Summary Cakes n Cookies is a start-up bakery retail establishment located in the Pune city. Cakes n Cookies expects to catch the interest of a regular loyal customer base with its broad variety of bakery products. The company plans to build a strong market position in the city, due to the partners' industry experience and mild competitive climate in the area. Cakes n Cookies aims to offer its products at a competitive price to meet the demand of the middle-to higher-income local market area residents and tourists. 1.2 The Company Cakes n Cookies is incorporated in the state of Maharashtra. It is owned and managed by Mr. Vaibhav Achantani who has a great experience in the field of industrial engineering. The company intends to hire two full-time bakers and four to handle customer service and day to day operations. 1.3 Products and Services The bakery provides freshly prepared bakery and pastry products at all times during business operations. One to two moderate batches of bakery products are prepared during the day to assure fresh...
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... 4.1.1 Market Analysis 6 4.2 Target Market Segment Strategy 6 4.2.1 Market Needs 6 4.3 Service Business Analysis 6 4.3.1 Competition and Buying Patterns 7 5.0 Strategy and Implementation Summary 7 5.1 Competitive Edge 7 5.2 Sales Strategy 7 Chart: Sales Monthly 8 Table: Sales Forecast 8 Chart: Sales by Year 9 6.0 Management Summary 9 6.1 Personnel Plan 9 Table: Personnel 9 7.0 Financial Plan 10 7.0 Financial Plan 10 7.1 Break-even Analysis 10 Table: Break-even Analysis 10 Chart: Break-even Analysis 10 7.2 Projected Profit and Loss 11 Table: Profit and Loss 11 7.3 Projected Cash Flow 12 7.3 Projected Cash Flow 12 Table: Cash Flow 12 Chart: Cash 13 7.4 Balance Sheet 14 Table: Balance Sheet 14 7.5 Business Ratios 15 7.5 Business Ratios 15 Table: Ratios 15 Table: Sales Forecast 1 Table: Personnel 2 Table: Personnel 2 Table: General Assumptions 3 Table: General Assumptions 3 Table: Profit and Loss 4 Table: Profit and Loss 4 Table: Cash Flow 5 Table: Cash Flow 5 Table: Balance Sheet 6 1.0 Executive Summary Introduction Sharaf Bakery (SB) is a start-up coffee and bakery retail establishment located in sharjah . SB expects to catch the interest of a regular loyal customer base with its broad variety of coffee and pastry products. The company plans to build a strong market position in the town, due to the partners' industry experience and mild competitive climate...
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...BUSINESS PLAN FO R CHISARA BAKERY AND CONFECTIONARIES INDUSTRY Name of business: Chisara Bakery and confectionaries Type of business: Sole proprietorship Vision statement Chisara bakery and confectionaries would be organized as a sole proprietorship which intends to become the major producer and distributor of assorted chin chin and other such pastries at MICHAEL OKPARA UNIVERSITY OF AGRICULTURE UMUDIKE and its surrounding communities by the year 2015. The business is expected to grow rapidly to assume a significant position in the NIGERIAN bakery market within the next four years. In the medium to long term, Onyibest Bakery and confectionaries is expected to make much profit to be able to support the running expenses of the Revelations Children’s Home. And also enable the industry to compete with other bakery industries in the world that is making it a world class as a good entrepreneur. Business objective To see to the efficient management of Onyibest bakery and confectionaries, and its progressive growth to become a more profitable and reputable enterprise by 2015. Introduction: the need for an Onyibest bakery and confectionaries. At this time, there are no commercial gluten-free bakeries and confectionaries in Michael Okpara University of Agriculture Umudike. This is mainly due to the contaminating nature of gluten and the necessity for dedicated facilities. And of course, until recently, a gluten-free diet was considered highly unusual. Perhaps one in five thousand...
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... Type of business, which form do you recommend and why? The most recommended and simplest form of business is a sole proprietorship. An individual proprietor owns and manages the business and is responsible for all transactions. The owner is also responsible for all debts and liabilities. A sole proprietor can own the business for any duration of time and sell it when he or she sees fit. As owner, a sole proprietor can even pass a business to heirs. In this type of business, there are no specific business taxes paid by the company. The owner pays taxes on income from the business as part of personal income tax payments. Sole proprietors need to comply with licensing requirements in the states in which they're doing business, as well as local regulations and zoning ordinances. The paperwork and formalities, however, are substantially less than those of corporations, allowing sole proprietors to open a business quickly and with relative ease from a bureaucratic standpoint. It can also be less costly to start a business as a sole proprietor, which is attractive to many new business owners who often find it difficult to attract investors. Advantages of a Sole Proprietorship • Sale or transfer can take place at the discretion of the sole proprietor. • No corporate tax payments. • Minimal legal costs to forming a sole proprietorship. • Few formal business requirements. • Easy and inexpensive to form: A sole proprietorship is the simplest and least expensive business structure...
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...An executive summary summarizes, or reviews the main points of, a longer document or report for a reader that does not have time to read the entire report. An effective executive summary analyzes and summarizes the most important points in the paper or report, and will often make a recommendation based on the analysis. Executive summaries are “stand alone” documents that are almost always read independently of the reports they summarize. When preparing to write an executive summary, ask yourself the following questions: * Who will read your executive summary? Sometimes your executive summary may have an “intended” audience: your professor might require you to write it for a CEO, department head, or supervisor, for example. On other assignments, your audience won’t have a specific identity, but always keep in mind that the reader of an executive summary needs to know all of the important information in the main document without reading the actual document. Even if you know that your instructor will be reading everything that you submit, write the executive summary as a “stand alone” document. * What is the main document’s main topic, theme, or idea? Most reports have a “thesis” or central point that they are seeking to communicate. Try to sum this up in two or three sentences. If you are having trouble with this, imagine that someone has asked you, “what’s this report about?” and that you have to explain it in only a few sentences. Once you’re able to say what the main...
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...Business plan models Name: Institution: Class: Instructor: Date: Question 1 Business plan models are very crucial in any business organization. This is because they help the entrepreneur to outline what it is required to have a successful business. Here we discuss four different business plan models in the food industry. Each business plan model is different and designed to suit the type of business that one needs to start. The four business plan models that I am going to review are catering and ballroom rental business plan, catering business plan, non- profit food bank business plan and bakery business plan. These four business plan models are similar but they differ in different ways to suite the targeted market. One of the things that is evident in the four models is that they are all aimed at making profit. This is because the main aim to start any business is for the profits. The other thing that is similar in the four plans is that they all aim at acquiring the largest market share in the industry. This is done by implementing ways and means of attracting and retaining customers that will enable them to achieve the largest market share. The other thing that is similar in the four business models is the cultures and the policies adopted i.e. to offer the best customer service. The other thing that is similar is the business strengths, weaknesses, opportunities and threats (Osterwalder & Pigneur, 2013). One of the strengths is that the four models that are in the food...
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...Functional Area Interrelationships [Name] BUS 475 April 7, 2014 [Instructor’s Name] Functional Area Interrelationships Kudler Fine Foods has been a successful business right after its opening back in 1998. From the very beginning, Kudler Fine Foods was able to set their mission and have been using it as their compass to work toward continued success. Along the way, Kudler Fine Foods has been able to identify the key positions that support the company. This paper will describe how Kudler Fine Foods uses those key positions and functions to work together in a collaborative process between all the functioning groups allowing for a more streamline operation. Both lateral and vertical collaboration is needed in order to keep continued success. Finally, key stakeholders are identified and a description of their role in the collaborative process will be presented. These functional area interrelationships are what allow Kudler Fine Foods to continue being successful and hope for future expansion. In June of 1998, Kathy Kudler turned her passion of cooking and shopping for fine foods into her dream business of Kudler Fine Foods. She found refuge and stress relief from her high pressure job for a large defense contractor. Hoping that there were more people that shared the same passion as her, she opened her first store. Kudler’s mission was simple: “to provide our customers the finest in selected foodstuffs, wines, and related needs in an unparalled consumer environment”...
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...ITALIAN RESTAURANT BUSINESS PLAN HISTORY The location is only 1/4 of a mile away from Gravois Bluff's, the largest land moving project to put in a major shopping complex in the state of Missouri. The rent is half the retail shops in Gravois Bluff's, yet the location offers the same opportunity for sales. The recently completed highway 141 offers hundreds of thousands of local residents, shoppers from outside the area, and travelers that use this new highway. With this high concentration of customers there are no Italian restaurants in Fenton and a tremendous need for an upscale family restaurant that offers items for both the children and adults. This turnkey operation seats 170 customers and is the perfect size for a PHC family operation. With the current leasehold improvements and quality kitchen equipment it would take very little to upgrade this operation to the legendary PHC winning formula. The growth in numbers of high income families in the Fenton area is projected at over 30%. There is a need for a family fine dining restaurant in the Fenton area. PHC would be the perfect neighborhood restaurant in the perfect neighbourhood. The Pasta House Co. in Fenton will be the second location for Dennis Boldt, who has operated a successful franchise unit in High Ridge, Missouri for 20 years. The Pasta House Co. based out of St. Louis, and now has over 34 successful company and franchise locations in the United States and Mexico. PHC Fenton will have a prime location, great...
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...MORNING NEWS How to Write a O RM D S ON C Business Plan THE LEADING BUSINESS PLAN BOOK FOR • Write a winning proposal • Prepare cash flow and profit & loss forecasts • Get backers to invest 25 YEARS Mike McKeever Free Legal Updates at Nolo.com R OM - AL L L F F e Story Dear friends, Founded in 1971, and based in an old clock factory in Berkeley, California, Nolo has always strived to offer clear legal information and solutions. Today we are proud to offer a full range of plain-English law books, legal forms, software and an award-winning website. Everything we publish is relentlessly researched and tested by a dedicated group of in-house legal editors, who together have more than 150 years’ experience. And when legal changes occur after publication, we promptly post free updates at Nolo.com. Tens of millions of Americans have looked to Nolo to help solve their legal and business problems. We work every day to be worthy of this trust. Ralph Warner Nolo co-founder Emma Cofod Products Books & Software & Services Get in-depth information. Nolo publishes hundreds of great books and software programs for consumers and business owners. ey’re all available in print or as downloads at Nolo.com. Legal Encyclopedia Free at Nolo.com. Here are more than 1,400 free articles and answers to common questions about everyday legal issues including wills, bankruptcy, small business formation, divorce, patents, employment and much more...
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...Starting Your Own Business Contents List of illustrations ix Preface xi 1 Getting Started 1 What's holding you back? 1 Learning to handle success 3 Overcoming the mental blocks 3 Fighting back 6 Checking your readiness 12 Case studies 13 Action points 15 2 Finding Ideas 16 Looking right in front of you 16 Cashing in on change 17 Carving a niche 18 Acquiring commercial skills 20 Working on your self-esteem 20 Choosing a trading name 21 Checking your readiness 24 Case studies 24 Action points 26 3 Creating a Winning Business Plan 27 Planning ahead 27 Making sure the plan is yours 30 Your blueprint for success 30 Getting help from the public sector 36 Getting help from the banks 36 Checklist 37 Constructing your 'blueprint for success' 38 Case studies 43 Exercises 45 4 Funding Your Enterprise 46 Getting your hands on some seed money 46 Start-up costs 46 Getting outside finance 49 Approaching the public sector 50 Approaching potential funders 54 The plan that will fix your funding 58 Presenting your case 61 Checklist 62 Case studies 63 Action points 65 5 Planning Ahead 66 Choosing a partner 66 Case studies: going into partnership 69 Measuring the competition 71 Competitive analysis 75 Finding the right premises 77 The systems you will need 79 Deciding your business status 80 Understanding the basics of taxation 81 Preparing to survive - and succeed 84 Case studies 85 Action points 87 6 Marketing Your Enterprise 89 Debunking...
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...advance a dream and a method that connection the two. We have to weave together our comprehension of our conglomeration and our movements to advance a destiny. The motivation behind the Swot dissection is to give informative content on our qualities and shortcomings in connection to the chances and dangers we confront. When the Swot dissection is lacking nothing, it will then be a great opportunity to assemble everything and look nearly to structure a methodology. This will include how you can abuse the Opportunities and how to take out or manage the Threats. This may well hinge on upon your association's unique destinations and objectives yet the entire methodology will surely give a general take a gander at the present position of your business. You may contend that you can make a record in your mind about the regions that make up your dissection and that no profit could be determined from a Swot activity. Attempt a fast record with the four regions and recognize where one territory effects on another. Provided that you discover one occurrence that is a present issue, you might then have reason to finish the full examination....
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...communication, no motivation, no profitable growth. Most Plans Sit in Binders on Shelves •On-going (life-style) way of doing business vs. quick fix prescription •Built in flexibility •80 to 500 rooms •Limited-service or full-service •Easily understood-Initially coached by mentor/facilitator •"Baton" eventually passed to General Manager •Driven by people - not - procedures •Involvement = Commitment •Replaces top-down diagnosis & prescription •Prepares staff to deal enthusiastically with CHANGE •Provides essential elements of self-evaluation and periodic monitoring of performance •Improves productivity •Lowers turnover •Increases market share •Improves product quality •Improves guest service •Collects critical data & information •Provides an individual hotel-level “Strategic Business Plan” Elicits personal dedication of management group via plenary and individual coaching sessions. Personal roles in process causes personal stake in outcome. •Planning stage •Implementation stage •Monitoring for success •Looking ahead- discovering strengths, weaknesses, opportunities,& threats •Looking around - collecting relevant data on competition, trends, market share •Alternatives & decisions- establishing priorities •Assessments - what needs to be done, by whom, and ….by when. •Producing the marketing plan •Constructing the financial plan (Budget) •Sharing the vision •Setting...
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...Running Header: Service Request SR-kf-013 Paper Frequent Shopper Program The electronic commerce components of the Frequent Shopper Program are aspects of the Sales and Marketing Department’s strategic objectives to increase the loyalty and profitability of its consumers. Under this program, customer shopping trends are identified and rewarded. This in turn can support the objectives providing an inventory selection of specialty foods that their customers’ desire increasing the favorable of repeat shoppers to the Kudler name. In order for the program to be effective, customers are given a swipe card that contains their information in a bar-code format. The swipe card enables Kudler stores to electronically record the frequency of purchases made by the consumer refiguring the points accumulated during time of checkout. The point system can be explained as so for every one dollar spent with the store one point is accumulated for that transaction. The existing information technology (IT) database the company utilizes is identified as a “customer table” that has each customer’s mailing information regarding the demographics for birthdays and anniversaries. This will need to be revamped to include the points accrued per capita for Frequent Shopper’s cumulative transactions. When the frequent shopper has accumulated the specified range of points determined by Kudler, the reward(s) of their choosing can be redeemed at the nearest store location. The IT department is solely responsible...
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...to the penalties of copying from sources and/or from their fellow students. They should understand that any plagiarised and/or copied assignment will result in a heavy market deduction. Small Business Plan Editor: Tim Berry (http://articles.bplans.com/writing-a-business-plan/) For any start-ups, a business plan allows gaining a better understanding of the industry structure, competitive landscape, and the capital requirements of starting a small business. Normally a business plan is difficult to implement unless it is simple, specific, realistic and complete. In addition, a good plan will need someone to follow up and check on it. The plan depends on the human factor, particularly the process of commitment and involvement, and the tracking and follow-up that comes afterward. Successful implementation usually starts with a good plan. There are elements that will make a plan more likely to be successfully implemented. It includes: 1. Is the plan simple? Is it easy to understand and to act on? Does it communicate its contents easily and practically? 2. Is the plan specific? Are its objectives concrete and measurable? Does it include specific actions and activities, each with specific date of completion, specific persons responsible and specific budgets? 3. Is the plan realistic? Are the sales goals,...
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